Posts From: May 2025

Activist investor HG Vora files lawsuit against PENN Entertainment 

Activist hedge fund HG Vora is pressing ahead with its proxy fight against US casino operator Penn Entertainment, aiming to secure shareholder support to elect all three of its proposed...

Legal
Texas judge puts courier ban on hold following lawsuit

The lottery courier that sued the Texas Lottery Commission to block enforcement of a new rule that would’ve put the company out of business will likely prevail in its case,...

Legal
Regulator drops Kalshi election bet case appeal

The U.S. Commodity Futures Trading Commission (CFTC) has moved to voluntarily dismiss its appeal against Kalshi, effectively allowing the New York-based derivatives trading platform to continue offering contracts that let...

Legal
Ladbrokes settles punters bet after he took bookies to high court for refusing to pay out £274,000 winnings

A man who endured a year-long wait for a life-changing payout after winning two horse racing bets is finally set to receive his winnings. Dylan Phelan, 25, who is a stable...

Legal
Kalshi scores injunction against New Jersey gambling regulator

New Jersey federal court grants Kalshi’s motion for preliminary injunction against the NJ Division of Gaming Enforcement, says Kalshi’s sports-related event contracts fall within the CFTC’s exclusive jurisdiction. A hearing on Kalshi’s...

Legal
DraftKings faces lawsuit for exploiting gambling addiction

A South Whitehall Township man is among the plaintiffs in a class action lawsuit filed against DraftKings, accusing the company of exploiting his gambling addiction. Avi Setton is one of five...

Legal
Lotto.com seeks to block Texas Lottery from banning its services

A lottery courier company is suing the Texas Lottery Commission in an effort to block the agency from placing a ban on their services in less than a week. Lottery...

Legal
Former Conservative politician to quit following gambling probe

A Welsh politician who is among 15 people charged after bets were placed on the timing of the 2024 general election is to quit at the next Senedd election. Russell George, the Conservative member for Montgomeryshire,...

Legal
Ex-Tory MP charged with betting offences over UK election timing

A former Conservative MP is among 15 people who have been charged with gambling offenses relating to the timing of the U.K.’s 2024 snap general election, the country’s betting watchdog announced Monday....

Legal
NJ charges 39 people in gambling investigation linked to crime family

Attorney General Matthew J. Platkin, the Division of Criminal Justice (DCJ), and the New Jersey State Police (NJSP) tannounced that 39 people including a Prospect Park councilman and members of...

Legal